BTC is currently trading around $41,200 and ETH around $3,100. Notable gainers in the last 24 hours are ZIL, RUNE, and COMP. The global crypto market cap is $2.00T, up 3.1% over the last day. DeFi Total Value Locked is ~$217b and BTC dominance is around 42%.
Notable news includes: a new law establishing a federal regulatory authority for cryptocurrencies is expected to be approved in Brazil during 1H22; PolySign agreed to purchase crypto asset fund administrator, MG Stover; Ava Labs is reportedly raising $350m at a $5.25b valuation; the Ethereum merge has been delayed again and it’s now expected a few months after June; Tether’s CTO revealed plans to reduce their commercial paper holdings; Polkadot parachain Acala revealed plans to expand Anchor’s collateral options to include Liquid Dot; researchers found a security flaw in Rarible that left NFTs exposed; fan token platform Socios signed 13 new NFL teams; a class action lawsuit accuses Uniswap Labs of allowing fraudulent activity on its protocol; and, Elon Musk has proposed buying Twitter in its entirety.
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